Stock Watch Apr 29, 2010

Due to, not much time I have, I will still provide you hints.
ITMG; Sell On Strength, if possible not after 1st session, as tomorrow will be the cum date of dividend, if you want to keep for dividend, be sure to hold and not to cut losses, as this stock will be re-rated after ex date.

ASII: Hold

ANTM: Trading Sell, as today EMA5-15 is crossed.

SGRO, Trading Buy, is going to close the gap for today trade

PTBA, Sell On Strength, it is in as overbought area.

ASGR, Spec Buy, R1: 435-440

Happy Investing^^
Disclaimer ON!!!

Stock Watch Apr 28, 2010

After today, technical correction had taken place, after long straight winning days, it's quite logical that investors starts to take profit, and seems tomorrow will be the beginning of the consolidation time, so, it's quite wise for us to take profit in this two days.

Well, not much analysis will be given as I'm quite busy & need to have some rest, I'll still give you all some hints.

Stock watch:

1. Indo Tambang Raya Megah (ITMG.JK, ITMG:IJ)

Rating: Trading Buy, Sell On Strength; TP: 40800-41200

2. Astra Int'l (ASII.JK, ASII:IJ)

After gaining for 6 straight days, it's quite rational to be corrected, meanwhile, tomorrow or Thursday - Friday, will be a great day for this stock, as there might be a secret unfold inside the investors. To know it, you can email me directly, I will tell you the secret.

Rating: Buy On Weakness; TP: 46700-48150, Mid term: 50000-50500

3. Kalbe Farma (KLBF.JK, KLBF:IJ)

Rp2000 is the psychological level that become the support of KLBF.

Rating: Buy On Weakness; Entry: 2000-2025; TP: 2100-2125

4. Bukit Asam (PTBA.JK, PTBA:IJ)

The bad issue of the two guilty directors seems doesn't affect the stock, and it has just broken a new high, and seems, the next target will be higher.

Rating: Trading Buy; TP: 19500-20000

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 27, 2010

After a long day of rally of IDX, suddenly at the end of the day there are a lot of investors & traders who realized their profits, which give a big pressure to IDX to close high. But, well then IDX is still going to be stronger as the fuel of the strong index is  the hot money entering Indonesia nowadays.

We can see that foreign money in Indonesian Stock Exchange  increase buy net buy of more then Rp1Trillion, which is a great amount of money. While in US, the economic data are reported better than forecasted recently, which is one of the  good sentiments to our index, as US is the most consumptive country, as we are one of their biggest supplier.

Technically, we can see that index has just broken its new high, and based on elliot wave, we are now at the wave 1, and seems to be tomorrow will be the wave 2 (beginning), so it's quite wise for us to sell on strength...

Rating: Sell On Strength; TP:2888-2900

Stock watch for tomorrow:

HM Sampoerna (HMSP.JK, HMSP:IJ)

Not a very liquid stock but still this firm is one of the strongest company in its industry, yet, the US new regulation of non-"cengkeh" cigarette only that can enter US market, as this firm doesn't produce any of that kind of cigarette, and there will be no impact to their export to US.

Technically, the EMA crossover showed that this stock is golden-crossing and yet, it is almost the shocking time for it, so we can speculatively buy on it.

Rating: SpecBuy; TP: 17000-18000; SL: 13500-13650

Bhakti Investama (BHIT.JK, BHIT:IJ)

This investment firm has just finalized their acquisition on 3 mining company,as the firm is still growing, yet the company will give bonus share to their investors with ratio 1 (old) : 3 (new). And this might increase the liquidity of the stock, the other consideration is their direcotr has just bought back the share at Rp1020, and this might be the other sentiment of increment toward the stock.

Technically, most of the indicators are showing reversal pattern, where as MACD is bending upward, EMA crossover is moving upward, hence, it has crossed the MA5, stochastic & W%R is moving upward. As well as, the symmetrical triangle of the stock, the next target will be higher.

Rating: Buy On Weakness; TP: 1050-1100, SL: 770-780

Gudang Garam (GGRM.JK, GGRM:IJ)

The other firm of cigarette, but this one has consolidate for quite a long time, so as today is the first confirmation of the reversal, it formed an descending triangle pattern which is now is heading upward, we can take our profit not too far, but still we can earn some money.

Base on the historical pattern this stock can stay quite a long time at overbought area. And this stock is quite strong as this firm is one of the biggest cigarettes player in Indonesia.

Technically, it has just bounced from the descending triangle pattern and it has just moved up from the 1st candle. ADX, MACD, Stochastic, W%R, is still showing upside force.

Accumulate the stock if the price break above 28500 with big volume.

Rating: Buy On Weakness; TP: 28500-28800, SL: 27250-27350

The last one is Agis (TMPI.JK, TMPI:IJ), as today it corrected upward, seems the "big" player is making elliot wave pattern, we can speculate a bit on it.

Rating: SpecBuy, TP: 290-330, SL point is when the selling pressure is too high...

Be kindly to join my group chat by clicking the button at the right, and add the contact shown, either onee MSN or YM.

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 23, 2010

Well, not muc can be given for tomorrow, as index is breaking its high again, but one word, that we're moving better or higher and still investors are still optimistic toward our economics. It is expressed on our index which is keep moving upward. Yet, actually besides the good sentiments from big caps company, the tecnical analysis views still very great.

Technically, our IDX has just broken the descending triangle pattern and actually it's creating a continuation pattern to go further, yet our index will push higher to higher level, before the seasonal sentiment of World Cup which might slow down the world of stocks.

Rating: Good; Target: 2950-3000

Some picks for tomorrow, we can still watch at ASII, ITMG, TINS, TBLA.

ASII, after broken the downtrend channel, it might continue to the next resistance at 46700, and might recontinue to break the next resistance at 48150.

Rating: Buy; TP: 46500-46700

ITMG, haviing good sentiment of high yield of dividend is the main fuel of the stock to be boosted up,still high target is aimed.

Rating: Buy On Weakness; TP: 39300-40000

TINS, high demand of tins with low inventoriy level, boost up the price of LME tins, which makes TINS earn extra income.

Rating: Hold; TP: 2950-3000

TBLA after posting higher net income FY2009, this stock might be the best pick for penny stock, yet the good technical analysis view might be a consideration for us to enter, as today it didn't go much lower.

Rating: Buy; TP: 465-485

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 22, 2010

Today JKSE close at the level of  all-time high which will be confirmed by tomorrow trade of which will continue the upward force or will reverse back as it is the strong resistance. In addition, market indicators are indicating good indications.

Today I will provide you reader two types of stocks to watch & consider for your best investment (LQ45 & 2nd liners + "fried chips")

Yesterday's ratings for LQ45 stocks are still OK, with some additional today. We still can accumulate them.

Blue chips (LQ45)

Bank Rakyat Indonesia (BBRI.JK, BBRI:IJ)

This is one of the biggest bank in Indonesia, and can be said as the best one in asset. While the fundamental of this bank is not so good, as the bank can't provide good service, and the target market of the bank is middle-low society, but we still can do some trading on it.

Technically, we can see that it's forming a symmetrical triangle, and if tomorrow it can break upward, then it's quite wise for us to accumulate for those who's had the stock, but it it can;t break the resistance at 8600, then it's wise enough to take profit

Rating: Hold or Trading Buy, TP: 8800-9050, SL: 7900-8000

Perusahaan Gas Negara (PGAS.JK, PGAS:IJ)

One of the gas supplier that highly capitalized the market, while it posted a great increment of net earning in FY 2009 vs FY 2008. Even analyst is not so optimistic toward the company itself as the forex profit will not be that easy again to be got, as IDR (Indonesian Rupiah) is getting stronger, but still the production & expansion increase the income, but not as phenomenal as the previous ones.

Technically, it has just broken the symmetrical triangle and is showing bullish sign, by most oscillators & indicators, MACD is reversing upward, RSI< Stochastic, W%R is moving upward, EMA5-15 has just crossed.

Rating: Trading Buy; TP: 4325-4375, SL: 4000-4050

Bank Mandiri (BMRI.JK, BMRI:IJ)

The bank is quite good, and the target market is wider than BBRI. In addition the service inside it is quite nice, with good buildings, the bank is aiming for better customer. Yet it also give big loans for big company, like UNSP, Garuda, etc.

Technically, the price is increasing, and the indicators are showing great conditions. Yet it increased in two days with significant volume.

Rating: Buy; TP: 5600-5650, SL: 5200-5250

Bukit Asam (PTBA.JK, PTBA:IJ)

After long-time I hasn;t analyzed the stock, finally it came out to my watch list again, as it increased quite great in value today. Coal miner is valued great today's as the railway project will increase their production volume.

Technically, the stock is consolidated quite well, and now seems to be the time to move on. It is now on trading range between 17300-18400, and it's now increasing after yesterday's bounce.

Rating: Buy On Weakness; TP: 18300-18400, SL: 17300-17400

Indocement Tunggal Perkasa (INTP.JK, INTP:IJ)

The firm is leading the growth of sales of cement in March by 25% and follwed by SMCB, SMGR. The increment of demand is due to the increment of property development in 2010.

Technically, everything is still in good position, Stochastic is going to golden-crossed tomorrow if the price is up, and so does MACD, there are still a lot of good signs in this stock

Rating: Buy; TP: 15600-16000; SL: 14400-14500

2nd liners & 'fried chips' (from best pick to the better), Spec BUY:

BTPN, BTEL, TRAM, KIAS, LTLS, BKSL

These 2nd liners & 'fried chips are very risky, and remember to cut losses, except BTPN is quite safe for mid-long. Once get profit, can directly realized them, as you might loss all of them if not realized as soon as possible.

Happy Investing^^
Disclaimer ON!!!